News and analysis for US housing futures, options, forwards and swaps.

December 13, 2010

Altos Research Housing Report December 2010

The Altos 10-City Composite is now at $456,454, off 0.45% from last month.

 23 of the 26 major markets tracked by Altos showed price decreases, with the steepest declines seen in Washington, DC (down 3.41%), San Diego (down 3.07%), and Salt Lake City (down 2.63%), respectively.

 Housing inventory is off seasonally by 3.16% nationwide, with dramatic decreases in several major markets, including San Francisco, Boston, and San Jose.

 Several markets are starting to show potential stability in home prices, including cities such as Miami, which begins its seasonal uptick before the national market.